Rs 640 crore cyber fraud: SC refuses anticipatory bail to CA in ED case
New Delhi (PTI): The Supreme Court on Wednesday refused to grant anticipatory bail to a chartered accountant in a money laundering investigation linked to a Rs 640 crore cyber fraud case.
A bench of Justices MM Sundresh and Augustine George Masih upheld the order of the Delhi High Court which had denied pre-arrest bail to Bhaskar Yadav and directed him to surrender in 10 days.
The high court on February 2 dismissed anticipatory bail applications by Yadav and Ashok Kumar Sharma.
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In the 22-page judgement, the high court had said there was an "intricate mesh of laundering of money", and the need expressed by the Enforcement Directorate to interrogate the two accused in custody was not unreasonable.
"The accused/applicants, being skilled professionals, have allegedly crafted laundering of proceeds of crime across multiple layers, and to unearth the same, I find substance in the submission of learned counsel for DoE (Directorate of Enforcement) that custodial interrogation is much required," the HC said.
"It is not a case of mere dealing in cryptocurrency, which per se is not a crime in this country and the liability of the accused persons is confined to paying tax on the crypto transactions. The present cases exhibit a vast intricate mesh of movement of money, fraudulently extracted out of pocket of gullible investors, who appear to be primarily belonging to middle class," it had added.
The high court had stated that individual liberty was sacrosanct, but it could not brush aside the requirement to carry out a meaningful interrogation and investigation in the larger interest of the country's economy.
It had noted there were fresh complaints of the accused allegedly assaulting the investigating officers, bribing the local police to settle cyber fraud complaints and destroying electronic evidence.
The money laundering probe stems from two FIRs filed by the Economic Offences Wing (EOW) of the Delhi Police that were registered to probe charges of cyber fraud to the tune of Rs 640 crore generated through betting, gambling, part-time jobs and phishing scams, the ED has earlier said in a statement.
As per the agency, the money of gullible people was siphoned off by layering funds cheated from them through more than 5,000 mule Indian bank accounts and subsequently uploaded on PYYPL, a UAE-based payment platform.
Part of the cyber fraud money was withdrawn in cash in Dubai through debit and credit cards issued by various Indian banks, it said.
According to the probe agency, the alleged scam was being run through a nexus of certain CAs, company secretaries and crypto traders who worked in tandem to launder the proceeds of crime.
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Gurugram CA held for slitting pregnant wife's throat with scissors
Jhajjar (PTI): A chartered accountant has been arrested for allegedly killing his pregnant wife by slitting her throat with a pair of scissors and trying to pass it off as a robbery attempt, police said on Wednesday.
According to police, Anshul Dhawan (31) got married to Mehak (27) in September last year. Both worked in Gurugram.
Police received a call on Sunday night reporting that some unidentified people tried to rob Anshul, took his car and kidnapped his wife, SHO Badli, Inspector Suresh said.
When police reached the spot, they found the woman's body near a dry canal with injury marks on her neck, he said.
Suspecting inconsistencies in Anshul's version of events, police took him into custody for interrogation. He confessed that he had killed Mehak with a pair of scissors, wearing gloves, over suspicions about her character, SHO said.
"During his questioning, it came to light that he had pre-planned the murder. His wife worked in a private bank in Gurugram. He had doubts that she talked to her friends, and he did not like it," SHO added. Following the confession, Anshul was arrested on Monday.
Further investigation into the matter is underway, police said.
Mehak's sister, Shruti, told the reporters that the family had doubts that Anshul was involved in the murder. She said, "We want justice; the killer should be hanged. He did not even think that his wife was two months pregnant."
She said on February 15, Anshul came to their house and stayed only for ten minutes and left with Mehal for Gurugram.
Shruti alleged that Anshul had pre-planned the murder.
